Contribution of industrial sector to GDP could increase, Industry Minister says

Minister of Energy, Commerce and Industry, Natasa Pilides, said Monday that the contribution of the industrial sector to the country’s GDP, which currently stands at 8%, could increase, speaking at a press conference during which she took stock of the implementation of Cyprus’ new industrial policy 2019-2030, over the past two years 2020-2021. The press conference was part of the second Industry Week launched between 20-24 September.

The aim of the new industrial policy is to increase the sector`s contribution to GDP, increase productivity, innovation and exports.

Source: Cyprus News Agency